Negative or positive sentiment aside, its a long climb back to the immediate "post approval" SP. Even if post funding announcement the SP went up 100% i.e. doubled we would still fall well short. Unfortuneately, that is the REALITY of the situation we face regardless of who is responsible. It may take a long time to recover lost ground. The question one must always ask oneself is if a better return on investment can be found elsewhere and in a more timely fashion. I personally think ACL is a good prospect for a short term trade at current prices, but the real gains are to be made over a much longer period of time. I suppose how long one is prepared to wait will depend on ones investment strategy. For me ACL is going into the bottom drawer.
Cheers,
P.S. Read the disclaimer!
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